Petrol, and Diesel Prices on May 26: Fuel prices in India largely remained unchanged on May 26. The petrol and diesel rates for each day, whether new or unchanged, are announced at 6 am on the day. These, however, vary from state to state due to value-added tax (VAT), freight charges, local taxes, etc.
According to government oil companies, petrol fell by 35 paise to Rs 96.65 in Gautam Budh Nagar (Noida-Greater Noida) this morning, while diesel fell by 22 paise to Rs 89.71 a litre. Petrol is cheaper by 15 paise in Lucknow today and is priced at Rs 96.47. Apart from this, petrol has become cheaper by 41 paise at Rs 96.77 a liter in Gurugram, the capital of Haryana. Here diesel has become costlier by 14 paise and has become Rs 90.05 a litre.
At present, petrol in Delhi is being sold at Rs 96.72 a litre while diesel is being sold at Rs 89.62 a litre. Whereas in Mumbai, petrol is available at Rs 106.31 and diesel at Rs 94.27 per litre. While petrol in Kolkata is Rs 106.03 and diesel is Rs 92.76 per litre. On the other hand, petrol is being sold at Rs 102.63 and diesel at Rs 94.24 per litre in Chennai.
In India, oil marketing companies (OMCs) such as Indian Oil, Bharat Petroleum and Hindustan Petroleum determine petrol and diesel prices. This is done on a daily basis, and rates are determined in accordance with the price of crude oil throughout the world.